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Krishna Institute of Medical Sciences’ arm acquires additional stake in Kondapur Healthcare

11 Sep 2023 Evaluate

Krishna Institute of Medical Sciences’ material subsidiary -- KIMS Hospital Enterprises has made a further investment by acquiring an equity stake of 13.24% in M/s Kondapur Healthcare. M/s Kondapur Healthcare will be a green field project which is presently under construction of a hospital.

Accordingly, the total equity stake of the Material Subsidiary of the company in the Target Entity as of September 11, 2023, is 19.86%.

Krishna Institute of Medical Sciences offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopaedics, renal sciences, organ transplantation, and mother & child care.

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